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Topic: is crypto industry dangerous ? - page 19. (Read 5811 times)

member
Activity: 336
Merit: 10
August 07, 2018, 12:49:06 AM
This is a temporary phenomenon, like lack of infrastructure. Since crypto-currencies are not legal means of payment and currencies, commercial enterprises do not have a legal obligation to accept them as means of payment.
jr. member
Activity: 322
Merit: 1
August 07, 2018, 12:40:48 AM
Cryptocurrency is considered dangerous in some countries, for several reasons;
1. Cryptocurrency in several countries is considered a means of payment that facilitates crime, terrorism and other transnational crimes.
2. Cryptocurrency is vulnerable to fraud
3. Cryptocurrency will disrupt a country's economic stability
4. Cryptocurrency will replace a country's currency
actually this reason is not logical if we see the emergence of cryptocurrency is very helpful for a country to develop.
member
Activity: 476
Merit: 14
Bcnex - The Ultimate Blockchain Trading Platform
August 07, 2018, 12:36:20 AM
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion


No, I don't think crypto is a dangerous industry. It dosen't involve to weapons, terrorism or environment pollution. If you think because it has many scams, you were wrong. Everything involve to financial all have scams and it is an inevitable rule
newbie
Activity: 84
Merit: 0
August 07, 2018, 12:32:10 AM
It is dangerous because it is quite risky. Not all people have enough brain to be careful and not lose all their money. I heard stories that some people sold houses, cars, etc. and invest everything in crypto. And what would be if they lose their money after all? They will sit on the neck of taxpayers instead of supporting yourself.
newbie
Activity: 27
Merit: 0
August 07, 2018, 12:19:18 AM
it is more or less safe and you couldn’t say that it is any less safe than credit cards or traditional forms of money.
It is the same way as banks have improved their security systems, so will blockchains.
sr. member
Activity: 534
Merit: 250
The Protocol for the Audience Economy
August 06, 2018, 11:07:09 PM
No. We just need to learn how to work in this area. All comes with experience. Crypto industry is the same industry as everyone else, just more technological
newbie
Activity: 38
Merit: 0
August 06, 2018, 11:05:00 PM
I think the encryption industry is an investment. Any investment will be dangerous. It is important to pay more attention to the encryption industry and rational treatment.
newbie
Activity: 70
Merit: 0
August 06, 2018, 10:45:55 PM
Working in cryptocurrencies is too risky because you invest online and can burn out at any time .
newbie
Activity: 105
Merit: 0
August 06, 2018, 10:28:04 PM
Dangerous?? It never be considered as dangerous. It is "highly unexpected" if it in right terms. Some made hugh money from it and some get duped. It depends upon person to person how he feels about crypto.
member
Activity: 280
Merit: 10
August 06, 2018, 10:25:33 PM
Judgment is dangerous, it can be due to a lack of full understanding, or conflict of interest, and also because the currencies still a new and there are many things that are not understood for some

It's dangerous or risky if we don't understand on how to play that game, cryptocurrency need to be understand well and to be familiarized in order to maximize its importance to help us complement our needs.
newbie
Activity: 31
Merit: 0
August 06, 2018, 10:05:50 PM
I don't think anything hazardous in crypto world, yet we should be cautious from programmers. try not to share every one of the points of interest like private keys and so forth. Else it might cause to threat.
member
Activity: 308
Merit: 12
August 06, 2018, 05:19:39 PM
I think its not a cryptocurrency industry are dangerous to every country making it banned but rather its a risky investment procedure for the people of a country who believe in cryptocurrency but serve as a awareness not not easily believe for great reward of profit it gets due to some issues of scam website.
newbie
Activity: 98
Merit: 0
August 06, 2018, 05:01:17 PM
I don't see the crypto industry as a dangerous place. Well, different people with different views... But i do know in the crypto industry, you need to put in great works like research, read, watch youtibe videos so you can be able to get it right and make the money. Only people whose sole aim here is to make money that will keep losing out and tag it a dangerous place.
sr. member
Activity: 1820
Merit: 436
August 06, 2018, 04:53:38 PM
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion

It is riskier than other investments. Cryptocurrencies are indeed profitable but yet, risky due to the sudden changes in the market value of the cryptos particularly the market volatility which is unlike in real estate or other investments whereas, the market value are stable making it less profitable but also, less risky. Therefore, cryptoindustry is risky depsite odf being profitable.
newbie
Activity: 80
Merit: 0
August 06, 2018, 04:51:06 PM
Well, I know that there are places where the cryptocurrencies are banned, I don't know how bad it would be to get cought trading with them but I think that you can consider it dangerous too.
newbie
Activity: 130
Merit: 0
August 06, 2018, 04:42:31 PM
The crypto industry isn't dangerous as it seems... at least, not for me. What you should know is that the crypto space and blockchain tech isn't for people who are lazy... if you are lazy in researching, learning and reading then it will surely be dangerous to you. You need to put in lots of hard work in here to get it right.
newbie
Activity: 199
Merit: 0
August 06, 2018, 04:29:43 PM
the cryptocurrency itself is not dangerous. but many countries have banned it because they can't control it.
full member
Activity: 162
Merit: 100
August 06, 2018, 04:28:38 PM
With strong price hikes, an investor who has already earned a lot of money can lose them overnight. As an illustration, you can see the cost of bitcoin.
if you take an investor for him, the cryptocurrency is dangerous and it is the Grail, the investor can lose almost everything and out of nothing can earn a huge amount)))
full member
Activity: 162
Merit: 100
August 06, 2018, 04:26:35 PM
Yes, it is dangerous because its transfers are almost impossible to track who transferred and for what, so the crypto currency is afraid))
full member
Activity: 326
Merit: 100
August 06, 2018, 04:24:01 PM
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion

I am dealing with cryptocurrency for years and yet I have not faced any bands that would be touching me because I am involved here the only danger that im facing every day is my own fault that can lead to a loss of money.
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